Open Currency Rate Swap Panel Options

Entity Information

Entity ID

1163

Specifies the unique identifier of the entity.

Entity Name

1164

Specifies the name of the entity.

Accounting Basis

21

Specifies the accounting basis.

Base Currency

86

Displays the base currency of the entity.

Issue Information

Trade Date

35

Specifies the effective date of the trade. The trade date cannot be greater than the post date, accounting date, or settlement date.

Accounting Date

36

Specifies the date the trade is reported and has an effect on the entity's holdings and cash balances. The accounting date must be greater than the trade date.

Monthly Accounting Date

4733

Displays the month end accounting date.

Settlement Date

37

Specifies the date the trade is settled.

Event Type

55

Specifies the business intent of the transaction.

Long/Short Indicator

2284

Indicates whether the currency swap position is long or short. Options include:

• LONG. Default. Indicates the swap contract is long.
• SHORT. Indicates the swap contract is short.

Long/Short Indicator

15

Displays a value of LONG or SHORT for the swap contract and each leg. When the Long/Short Indicator field (tag 2284) in the upper pane has a value of Long, the Long/Short Indicator (tag 15) in the lower pane identifies the swap contract as Long, the pay leg as Short, and the receive leg as Long. If you set the Long/Short Indicator field (tag 2284) in the upper pane to Short, the Long/Short Indicator (tag 15) in the lower pane identifies the swap contract as Short, the pay leg as Long, and the receive leg as Short.

Primary Asset ID

14

Specifies the primary asset identifier.

Swap Type

4590

Indicates if the asset is a pay leg, receive leg, or contract.

Issue Name

961

Displays the name of the security.

Cross Reference ID

1233

Displays the cross reference identifier associated with the security.

Instrument Type

11

Displays the instrument type.

Security Type

82

Displays the security type of the asset.

Processing Security Type

3931

Displays processing security type.

Issue Currency

85

Displays the local currency of the security.

Maturity Date

38

Displays the date the final principal payment is due on the security.

Coupon Rate

70

Displays the rate at which the security accrues interest. It is expressed as an annual rate.

Accounting Information

Accrual Method

1184

Displays the accrual method that the system uses to post interest accruals and dividends for the swap. For example, Income/Expense or Unrealized.

Settlement Currency

63

Specifies the currency in which the security is settled.

Settlement Net Amount

64

Displays the actual settled amount of the trade. The value must not be equal to zero.
If the trade's Settlement Currency field (tag 63) value differs from the security's asset currency displayed in the Issue Currency field (tag 85), you must specify the Settlement Net Amount field value.

Transaction Fee Information

Commission Settlement Date

11579

Specifies the commission settlement date for the swap contract in the lower pane. If a date is specified, a traded cash record is created for the commission. The transactions fees are expensed on the ledger.

Other Fee Settlement Date

9357

Specifies the other fee settlement date for the swap contract in the lower pane. If a date is specified, a traded cash record is created for the other fees. The transactions fees are expensed on the ledger.

Settlement Information

Auto Settle Trade Indicator

58

Indicates whether the system settles the trade, coupon, and miscellaneous income and expenses automatically. Options include:

• Yes. The system automatically settles the trade, coupon, and miscellaneous income and expenses. The system retrieves the settle date FX rate if the local currency does not equal base and generates a trade to settle date gain/loss.
• No. Default. The system does not automatically settle the trade, coupon, and miscellaneous income and expenses. You must schedule the settlement for these transactions using the Run Contract Cash global panel. Or, manually settle the transactions using the Run Multiple Settlements panel.

NOTE: If the entity's Auto Settle Indicator field is set to Yes, as specified on the Create/Edit Entity or Create Master Fund panels, the system will create a settlement when the trade is processed. There will be no trade to settle date gain/loss. This applies even if the settlement date is in the future. Eagle recommends that you set the Auto Settle Indicator field to No for the entity and trade panels.

Broker Name

1235

Specifies the name of the primary broker.

Broker Code

88

Specifies the code that represents the broker.

Clearing Broker

1236

Specifies the name of the clearing broker, if different from the trade broker.

Clearing Broker Code

1237

Specifies the code for the clearing broker.

Custodian Bank Name

1146

Specifies the name of the custodian bank responsible for the trade.

NOTE: You must establish a relationship between the custodian bank and your entity prior to booking the trade.

Custodian Bank Code

1240

Specifies the code of the custodian bank.

Custody Bank Account Number

1660

Displays the custodian bank primary account number.

Custody Bank Subaccount

1661

Displays the custodian bank subaccount number.

Bank Alias

16

Displays the bank account relationship instance number.

Settle Instructions 1

1897

Allows you to add settlement notes.

Settle Instructions 2

1898

Allows you to add settlement notes.

Settle Instructions 3

1899

Allows you to add settlement notes.

Settle Instructions 4

1900

Allows you to add settlement notes.

Settle Location

43

Specifies the location in which the trade is settled.

Other Information

Derivative Elections

56

Specifies the type of derivative. Options include:

• Trade
• Hedging Effective
• Hedging Other
• Income Generation
• Replication
• Other

Trade Ticket Number

761

Contains the trade ticket identification number. The system uses it during processing. For example, IDLOT close or cancel events use this number to locate an open lot.

Manager

3718

Identifies the manager.

Strategy

3722

Specifies the trade investment strategy identifier.

Counterparty Name

1173

Specifies the counterparty name.

Counterparty Name ID

1144

Specifies the counterparty name identifier.

Holding Term

9091

Specifies the holding term for the trade based on the number of days between the original acquisition date (tag 216) and the maturity date (tag 35) on the lot. If you use ledger reporting based on ledger granularity rules to break out accounts by holding term, the system uses this value to identify the holding term for trades related to bonds and preferred stocks. Eagle Accounting's core transaction processing calculates the holding term for you, but you can manually override the value displayed in this field. Eagle Insurance clients that use ledger granularity rules have the system calculate the holding term based on the schedule associated with a lot. Options include:

• Short Term. Identifies a short term holding. If the Holding Term Method field (tag 11479) in the trade's accounting basis has a value of 90 days, a short term holding term is 91 days to a year. If the Holding Term Method field has a value of 3 months, a short term holding term is 3 full months to a year.
• Cash Equivalent. Identifies a cash equivalent holding. If the Holding Term Method field (tag 11479) in the trade's accounting basis has a value of 90 days, a cash equivalent holding term is 90 days or less. If the Holding Term Method field has a value of 3 months, a cash equivalent holding term is 3 full months or less.

Regulatory Intent

8915

If you now hold the trade in an entity/accounting basis with the new International Financial Reporting Standards (IFRS) regulatory category of Fair Value Profit Loss (FVPL) but previously held the trade in an entity/accounting basis with the old regulatory category of Fair Value Option (FVO) or Held for Trading (HFT), you can identify the old regulatory category specified for the trade at the entity/accounting basis level. You can specify a value for reporting purposes only. Options include:

• Fair Value Option. Indicates the trade was previously held in a regulatory category of Fair Value Option, used for instruments managed on a fair value basis.
• Held for Trading. Indicates the trade was previously held in a regulatory category of Held for Trading, used for instruments held with the intent of selling them.

User Defined Priority

2862

Specifies the user generated number that determines the event sub priority. That is, after the system accounts for the event sequence and corporate action sequence.